Retail Banking
NAB names Philip Chronican as next chairman
He will also serve as interim group CEO for the bank.
Korean banks to maintain London operations despite Brexit: report
Reports noted that banks considered Frankfurt for their new locations amidst Brexit fears.
Chinese banks' new loans falls sharply to $131.8b in February
This is only a third of the $480.75b in loans issued in January.
Trade tensions fail to rattle Chinese banking outlook: survey
Two in 5 bankers believe China’s economy will grow by around 6.5-7%.
Mizuho to book $6b restructuring costs in digital pivot
The Japanese megabank is scaling down its physical retail network.
Bank Central Asia's net profit jumped 10.9% to $1.84b in 2018
Loan growth hit 15.1% amidst strong corporate demand.
Malaysian banks' earnings rose 7% in Q4
Lumpy recoveries of Maybank, AmBank, and Hong Leong Bank boosted the sector’s earnings.
MAS unveils changes to senior management team
Edward Robinson and Chia Der Jiun will assume deputy managing director positions.
Singapore bank NIMs to widen despite rising costs
SIBOR has risen 6bps YTD and is expected to rise further.
State Bank of India sets up joint venture with Hitachi unit for digital payments
The JV will use business analytics to study how to penetrate unbanked towns.
UOB launches programme to help Thai SMEs digitise
SMEs can access digital tools and financing opportunities through the scheme.
Regulatory scrutiny weighs on Australian banks earnings
Lenders already struggle with weak loan growth amidst the housing downturn.
Indonesia's Bank Mandiri mulls takeover of Standard Chartered-backed rival: report
It could merge it with Mandiri itself or with its unit, Bank Mantap.
Weekly Global News Wrap Up: Russian money laundering scandal sweeps European banks; Wells Fargo shells out record $240m settlement over bogus accounts
And JPMorgan Chase is moving away from prison finance.
Chart of the Week: Indian banks hit by liquidity crunch
The growth in bank credit has eclipsed that of deposits which aggravated liquidity shortage.
Earnings gap between Indonesian banks widen as small players struggle
The 2018 profits of Book II banks dropped to $648.66m from $726.38m in 2017.
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Why Philippine banks, insurers embrace hyper-personalized services
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Insurance
Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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